A LARGE UK firm is reopening its defined benefit scheme, The Pensions Regulator has said.
Director of business development June Mulroy said the firm – which she refused to name – had approached the regulator for guidance on its “new form” of DB provision, which would be up and running by the...
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.